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Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
16.11.2021
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth
Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and ‘Bull Market Structure Still Intact’
16.11.2021
Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price...
Bitcoin Around $60K Is a ‘Great Buy’ Before Next Surge
16.11.2021
Bitcoin followers finally have something to celebrate. Thanks to the Taproot upgrade. Taproot upgrade was activated at block 709,632 on November 4, 2021. Now, it allows faster and cheaper transaction fees, greater transaction privacy, and efficiency. However, the most interesting part of this...
Bitcoin Testing USD 60K, Ethereum and Altcoins Trying to Recover
16.11.2021
Bitcoin price started a strong decline below the USD 62,000 support level. BTC even traded below USD 60,000 to move further into a bearish zone. It is currently (11:20 UTC) trying to recover and is nearing USD 60,300.
Similarly, most major altcoins are also trying to recover losses. ETH declined...
Will Bitcoin hold $60K? Leverage shakeout 'close to complete,' data suggests
16.11.2021
8% daily losses are painful for longs but no problem for still bullish analysts
Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable
15.11.2021
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years...
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase
13.11.2021
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s....
Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply
5.11.2021
Demand is keeping up with increasing activity from whales this week, the latest data confirms
Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
5.11.2021
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during...
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
31.10.2021
After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance
Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
30.10.2021
ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its "worst case scenario" monthly close target
Bitcoin drops $1K in five minutes in fresh dip below $60K
27.10.2021
Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets
USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K
27.10.2021
Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000.
At press time (08:26 UTC), BTC was down by 7.5% for...
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
25.10.2021
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets...
Is excessive bullish optimism behind Bitcoin’s drop below $60K?
25.10.2021
Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000?
Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes
23.10.2021
It could still go either way for bulls in the run-up to what could still turn out to be the highest weekly close on record
Analysts hold their $250K Bitcoin price target even as BTC falls below $60K
22.10.2021
Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level
Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K
18.10.2021
The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole...
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
BTC price eyes all-time high weekly close above $60K ahead of Bitcoin ETF turbulence
17.10.2021
Holding above $60,000 on Sunday should all but guarantee a record weekly close, data shows